Canadians are spending 8.1% of their disposable income on mortgage payments, whereas U.S. consumers are allocating roughly 4% for theirs. This difference in consumer spending In the realm of Canadian economics, the dynamics of mortgag …

The rise in interest rates has reshaped the market. The impact of such rapid and significant hikes has shifted the psychology of many buyers, and has pushed some developers to freeze their building plans. The situation could have evol …

Credit card debt in Canada soared to over $90 billion just before the onset of COVID-19, but has fallen to below $74 billion. More and more Canadians are increasing their savings or reducing and eliminating their credit card debts giv …

Many Ontario homeowners are juggling multiple credit card and loan payments. With home prices and the costs of goods steadily increasing, it appears that household debt will continue to rise. A debt consolidation loan with Tembo Finan …